2022 Q2 Form 10-Q Financial Statement
#000095017022009689 Filed on May 12, 2022
Income Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q1 |
---|---|---|---|
Revenue | $81.04M | $78.60M | $72.08M |
YoY Change | 10.51% | 9.04% | -11.82% |
Cost Of Revenue | $60.35M | $58.85M | $50.93M |
YoY Change | 19.59% | 15.56% | -1.64% |
Gross Profit | $20.69M | $19.75M | $21.16M |
YoY Change | -9.5% | -6.67% | -29.4% |
Gross Profit Margin | 25.54% | 25.12% | 29.35% |
Selling, General & Admin | $5.964M | $6.210M | $6.717M |
YoY Change | -6.59% | -7.55% | -0.03% |
% of Gross Profit | 28.82% | 31.45% | 31.75% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $13.00M | $12.80M | $12.40M |
YoY Change | 6.56% | 3.23% | 0.0% |
% of Gross Profit | 62.82% | 64.82% | 58.61% |
Operating Expenses | $748.0K | $807.0K | $753.0K |
YoY Change | 3.89% | 7.17% | 12.72% |
Operating Profit | $839.0K | -$105.0K | $1.804M |
YoY Change | -79.9% | -105.82% | -84.69% |
Interest Expense | -$750.0K | -$3.858M | -$5.302M |
YoY Change | -83.74% | -27.24% | -22.47% |
% of Operating Profit | -89.39% | -293.9% | |
Other Income/Expense, Net | -$750.0K | $4.518M | $5.302M |
YoY Change | -83.74% | -14.79% | -177.53% |
Pretax Income | $89.00K | $4.413M | -$3.498M |
YoY Change | -120.37% | -226.16% | -170.78% |
Income Tax | $65.00K | $85.00K | -$1.300M |
% Of Pretax Income | 73.03% | 1.93% | |
Net Earnings | $1.000K | $4.303M | -$2.147M |
YoY Change | -99.83% | -300.42% | -145.28% |
Net Earnings / Revenue | 0.0% | 5.47% | -2.98% |
Basic Earnings Per Share | $0.00 | $0.02 | |
Diluted Earnings Per Share | $5.75 | $24.74K | -$12.34K |
COMMON SHARES | |||
Basic Shares Outstanding | 174.0M | 174.0M | |
Diluted Shares Outstanding | 174.0M shares | 174.0M shares |
Balance Sheet
Concept | 2022 Q2 | 2022 Q1 | 2021 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $65.83M | $51.48M | $68.36M |
YoY Change | 1.02% | -24.69% | |
Cash & Equivalents | $65.83M | $51.48M | $72.30M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $65.83M | $51.48M | $68.36M |
YoY Change | 1.02% | -24.69% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.351B | $1.359B | $1.382B |
YoY Change | -1.55% | -1.67% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $20.59M | $29.18M | $17.77M |
YoY Change | 11.59% | 64.24% | |
Total Long-Term Assets | $1.386B | $1.403B | $1.424B |
YoY Change | -1.99% | -1.43% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $65.83M | $51.48M | $68.36M |
Total Long-Term Assets | $1.386B | $1.403B | $1.424B |
Total Assets | $1.451B | $1.455B | $1.492B |
YoY Change | -1.86% | -2.5% | -5.98% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $26.90M | $26.97M | $26.00M |
YoY Change | 3.62% | 3.73% | |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $28.32M | $28.49M | $27.83M |
YoY Change | 3.52% | 2.38% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $607.8M | $607.4M | $597.6M |
YoY Change | 2.15% | 1.64% | |
Other Long-Term Liabilities | $7.235M | $7.369M | $8.398M |
YoY Change | 8.16% | -12.25% | |
Total Long-Term Liabilities | $615.0M | $614.7M | $606.0M |
YoY Change | 2.22% | 1.45% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $28.32M | $28.49M | $27.83M |
Total Long-Term Liabilities | $615.0M | $614.7M | $606.0M |
Total Liabilities | $643.3M | $643.2M | $633.8M |
YoY Change | 2.28% | 1.49% | -8.15% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $106.2M | $106.2M | $122.6M |
YoY Change | -13.82% | -13.4% | |
Common Stock | $1.519B | $1.519B | $1.519B |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $806.3M | $809.8M | $856.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.451B | $1.455B | $1.492B |
YoY Change | -1.86% | -2.5% |
Cashflow Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.000K | $4.303M | -$2.147M |
YoY Change | -99.83% | -300.42% | -145.28% |
Depreciation, Depletion And Amortization | $13.00M | $12.80M | $12.40M |
YoY Change | 6.56% | 3.23% | 0.0% |
Cash From Operating Activities | $15.84M | $8.236M | $12.63M |
YoY Change | 37.02% | -34.81% | -29.27% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.640M | -$3.579M | -$1.975M |
YoY Change | 135.17% | 81.22% | -20.97% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $8.205M | $0.00 | -$35.00K |
YoY Change | -100.0% | -100.04% | |
Cash From Investing Activities | $3.565M | -$4.713M | $5.462M |
YoY Change | -280.69% | -186.29% | -93.14% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $4.453M | $8.907M | |
YoY Change | -50.01% | 0.01% | |
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -4.466M | -5.090M | -11.81M |
YoY Change | -61.97% | -56.9% | -63.45% |
NET CHANGE | |||
Cash From Operating Activities | 15.84M | 8.236M | 12.63M |
Cash From Investing Activities | 3.565M | -4.713M | 5.462M |
Cash From Financing Activities | -4.466M | -5.090M | -11.81M |
Net Change In Cash | 14.94M | -1.567M | 6.285M |
YoY Change | -793.23% | -124.93% | -90.35% |
FREE CASH FLOW | |||
Cash From Operating Activities | $15.84M | $8.236M | $12.63M |
Capital Expenditures | -$4.640M | -$3.579M | -$1.975M |
Free Cash Flow | $20.48M | $11.82M | $14.61M |
YoY Change | 51.33% | -19.12% | -28.25% |
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4413000 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3498000 | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
85000 | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1336000 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
4328000 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-2162000 | |
CY2022Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | |
CY2021Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-10000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
4328000 | |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-2172000 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
25000 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-25000 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4303000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2147000 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.02 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.01 | |
CY2022Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.00 | |
CY2021Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.00 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
173960000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
173960000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
4328000 | |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-2172000 | |
CY2022Q1 | chth |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
|
876000 | |
CY2021Q1 | chth |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
|
1000 | |
CY2022Q1 | chth |
Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
|
0 | |
CY2021Q1 | chth |
Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
|
2000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
876000 | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
5204000 | |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-2169000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
25000 | |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-25000 | |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5179000 | |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2144000 | |
CY2021Q4 | chth |
Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
|
810761000 | |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
4328000 | |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
876000 | |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0256 | |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4453000 | |
CY2022Q1 | chth |
Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
|
811512000 | |
CY2020Q4 | chth |
Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
|
869369000 | |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-2172000 | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3000 | |
CY2021Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
109000 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.0512 | |
CY2021Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
8907000 | |
CY2021Q1 | chth |
Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
|
858184000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
8236000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
12640000 | |
CY2022Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
0 | |
CY2021Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-7000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8236000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
12633000 | |
CY2022Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
1134000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
0 | |
CY2022Q1 | chth |
Payment To Acquire Capital Expenditures Investing Activities
PaymentToAcquireCapitalExpendituresInvestingActivities
|
3579000 | |
CY2021Q1 | chth |
Payment To Acquire Capital Expenditures Investing Activities
PaymentToAcquireCapitalExpendituresInvestingActivities
|
1975000 | |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-35000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4713000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1940000 | |
CY2022Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | |
CY2021Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
7402000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4713000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5462000 | |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4453000 | |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
8907000 | |
CY2022Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
642000 | |
CY2021Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
2794000 | |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
5000 | |
CY2021Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-109000 | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5090000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-11810000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1567000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6285000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
57681000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
66011000 | |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
56114000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
72296000 | |
CY2022Q1 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
29384000 | |
CY2021Q1 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
0 | |
CY2022Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
|
4281000 | |
CY2021Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
|
0 | |
CY2022Q1 | us-gaap |
Transfer Mortgage Payable
TransferMortgagePayable
|
18468000 | |
CY2021Q1 | us-gaap |
Transfer Mortgage Payable
TransferMortgagePayable
|
0 | |
CY2022Q1 | chth |
Net Assets Recognized Upon The Change In Control Of Joint Venture
NetAssetsRecognizedUponTheChangeInControlOfJointVenture
|
15197000 | |
CY2021Q1 | chth |
Net Assets Recognized Upon The Change In Control Of Joint Venture
NetAssetsRecognizedUponTheChangeInControlOfJointVenture
|
0 | |
CY2021 | chth |
Number Of Properties Sold
NumberOfPropertiesSold
|
69 | |
CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xbrl_ts_699aa1c389e94ae99ac3ba1db7db33aa" style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> —</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated financial statements, the reported amounts of revenues and expenses during the reporting periods and the disclosure of contingent liabilities. For example, significant assumptions are made in the analysis of real estate impairments, the valuation of contingent assets and liabilities, and the valuation of restricted common stock (“Restricted Stock”) shares issued to the Advisor. Accordingly, actual results could differ from those estimates.</span></p> | |
CY2022Q1 | chth |
Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
|
6311 | |
CY2021Q1 | chth |
Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
|
6107 | |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
71700000 | |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
64800000 | |
CY2022Q1 | chth |
Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
|
1.000 | |
CY2021Q1 | chth |
Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
|
1.000 | |
CY2022Q1 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
138022000 | |
CY2021Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
131257000 | |
CY2022Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
1511715000 | |
CY2021Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
1500208000 | |
CY2022Q1 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
102178000 | |
CY2021Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
101180000 | |
CY2022Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
392788000 | |
CY2021Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
393789000 | |
CY2022Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1359127000 | |
CY2021Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1338856000 | |
CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
12800000 | |
CY2021Q1 | us-gaap |
Depreciation
Depreciation
|
12400000 | |
CY2022Q1 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
8312000 | |
CY2021Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
8373000 | |
CY2022Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
8312000 | |
CY2021Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
8373000 | |
CY2021Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
10000 | |
CY2022Q1 | us-gaap |
Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
|
13300000 | |
CY2022Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
49000 | |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
59000 | |
CY2022Q1 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
107285000 | |
CY2021Q4 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
89400000 | |
CY2022Q1 | chth |
Total Credit Facilities Net
TotalCreditFacilitiesNet
|
500075000 | |
CY2021Q4 | chth |
Total Credit Facilities Net
TotalCreditFacilitiesNet
|
499728000 | |
CY2022Q1 | chth |
Notes And Loans Payable Net
NotesAndLoansPayableNet
|
607360000 | |
CY2021Q4 | chth |
Notes And Loans Payable Net
NotesAndLoansPayableNet
|
589128000 | |
CY2022Q1 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.25 | |
CY2022Q1 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0250 | |
CY2022Q1 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
355000000.0 | |
CY2021Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
355000000.0 | |
CY2022Q1 | chth |
Liquidity
Liquidity
|
83500000 | |
CY2022Q1 | chth |
Scheduled Payments In Future Period
ScheduledPaymentsInFuturePeriod
|
45700000 | |
CY2022Q1 | chth |
Material Maturity Amount
MaterialMaturityAmount
|
44700000 | |
CY2022Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
45652000 | |
CY2022Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
112054000 | |
CY2022Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
452887000 | |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
610593000 | |
CY2022Q1 | us-gaap |
Debt Instrument Restrictive Covenants
DebtInstrumentRestrictiveCovenants
|
The credit facilities contain affirmative, negative, and financial covenants which are customary for loans of this type, including (but not limited to): (i) maximum leverage, (ii) minimum fixed charge coverage ratio, (iii) minimum consolidated net worth, (iv) restrictions on payments of cash distributions except if required by REIT requirements, (v) maximum secured indebtedness, (vi) maximum secured recourse debt, (vii) minimum unsecured interest coverage, (viii) maximum unsecured indebtedness ratio, and (ix) limitations on certain types of investments and with respect to the pool of properties supporting borrowings under the credit facilities, minimum weighted average occupancy, and remaining lease terms, as well as property type, MSA, operator, and asset value concentration limits. The limitations on distributions generally include a limitation on the extent of allowable distributions, which are not to exceed the greater of 95% of adjusted FFO (as defined per the credit facilities) and the minimum amount of distributions required to maintain the Company’s REIT status. As of March 31, 2022, the Company was in compliance with all financial covenants related to its Credit Facilities. | |
CY2022Q1 | chth |
Financial Covenant Limitations Maximum Allowable Distributions As Percentage Of Adjusted Funds From Operations
FinancialCovenantLimitationsMaximumAllowableDistributionsAsPercentageOfAdjustedFundsFromOperations
|
0.95 | |
CY2022Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
807000 | |
CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
753000 | |
CY2022Q1 | chth |
Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
|
328000 | |
CY2021Q4 | chth |
Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
|
214000 | |
CY2022Q1 | chth |
Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
|
807000 | |
CY2021Q1 | chth |
Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
|
753000 | |
CY2022Q1 | chth |
Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
|
328000 | |
CY2021Q4 | chth |
Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
|
214000 | |
CY2022Q1 | chth |
Relatedpartytransactioninvestmentservicescosts
Relatedpartytransactioninvestmentservicescosts
|
60000 | |
CY2021Q1 | chth |
Relatedpartytransactioninvestmentservicescosts
Relatedpartytransactioninvestmentservicescosts
|
0 | |
CY2022Q1 | chth |
Duetorelatedpartyinvestmentservicesfees
Duetorelatedpartyinvestmentservicesfees
|
0 | |
CY2021Q4 | chth |
Duetorelatedpartyinvestmentservicesfees
Duetorelatedpartyinvestmentservicesfees
|
0 | |
CY2022Q1 | chth |
Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
|
3579000 | |
CY2021Q1 | chth |
Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
|
4476000 | |
CY2022Q1 | chth |
Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
|
1194000 | |
CY2021Q4 | chth |
Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
|
1192000 | |
CY2022Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
4446000 | |
CY2021Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
5229000 | |
CY2022Q1 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
1522000 | |
CY2021Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
1406000 | |
CY2022Q1 | chth |
Investment Services Fees
InvestmentServicesFees
|
100000 | |
CY2022Q1 | chth |
Capitalizedamountofinvestmentservicesfees
Capitalizedamountofinvestmentservicesfees
|
100000 | |
CY2022Q1 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.0256 | |
CY2022Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-100000 | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1300000 | |
CY2021Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
100000 | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
1400 | |
CY2022Q1 | chth |
Number Of Promoted Interest Agreements
NumberOfPromotedInterestAgreements
|
2 | |
CY2022Q1 | chth |
Number Of Promoted Interest Agreements Met Established Performance Metrics
NumberOfPromotedInterestAgreementsMetEstablishedPerformanceMetrics
|
0 |